1. Home
  2. Pawnshops

Pawnshops

A pawnshop offers short term loans to individuals who are strapped for cash and need some extra funds until there next payday. A pawnshop is a great alternative for those who dont have or want to borrow from family and friends. With the current interest charges accrued by credit card companies a short term loan with a pawnshop is a much better solution for those who would rather not pay those high fees for cash advances.

You can find a local pawnshop by doing a simple web search for a pawn shop in your area. A pawnshop will charge you interest on a month to month basis which can and will vary state to state. Many times when you visit a pawnshop and decide to get a loan there will be whats called a loan origination fee which again can and will vary but typically around five dollars.

A pawnshop unlike gold buyers or jewelry stores doesnt just specialize in jewelry. A pawnshop has a wide knowledge in electronics, computers, guns and sports apparel. Since a pawnshop has a more broad knowledge in a lot of items that ensures that the everyday customer who may not have gold jewelry can get a loan on another kind of item with a value.

A pawnshop has one primary focus and that is getting people to make loans and redeem them before default. The more items they have on loan the more money they will potentially make. Many people think that a pawnshop wants you to forget your item or let it default so they can sell your item for a big profit. The truth of the matter is that you can sell a gold bracelet once but you can continue to loan on a gold bracelet indefinitely if the customer keeps paying the interest and principal to pick there item up.

When the unfortunate happens and a person just cant afford to get there item back from the pawnshop the pawnshop owner then becomes the new sole owner of whatever item was pawned. Once the item has been released from pawn the pawnshop owner will price the item and put out on the shelves for immediate sale. A pawnshop owner rarely loses on a deal since his loan value is based considerably below market value to ensue that if you the customer does default on your loan he can sell the item and get his money back with a profit to keep his business going.

2 LAS VEGAS

LOCATIONS

East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday 10:00 am – 4:00 pm
Sunday Closed

WHY CHOOSE US?

READ OUR REVIEWS

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

This dealer was beyond excellent in all respects! No low-ball games, no fooling around. These people are honest, and the transaction was handled smoothly with complete transparency. I will definitely recommend Nevada Coin & Jewelry to everybody I know!

Richard C.

A.J. and Robert are so friendly and make it so you have the best deal with the items you bring them. They have so much knowledge about all the items they have in their shop and they like to teach others about what they know…

B.C.

We were really pleased with the help that AJ gave us concering our gold coins and watches. I don’t think we could have received a better deal anywhere. All of the personnel at Nevada Coin & Jewelry were very professional. We will recommend them to our friends.

Dean & Judy

They took the time to help me sell my item and find an item. The staff does not rush you or pressure you into buying something. They take you on a little adventure by telling you about the items you are selling and looking at…

Miller B.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

A great selection of coins and other numismatic related material. Very professional.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

Nevada Coin and Jewelry – has excellent customer service – providing las Vegas with top notch service and expertise – this is my primary coin dealers — others just can’t keep up – they are helpful and friendly – in my opinion they are the best in the south west area — so that’s my review a++++ rating – because I am a good customer – this is the best place to buy and sell gold and silver bullion.

Freddie I.

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

My friend and I came here to sell some coins and jewelry. We first saw Scott about some coins. He was very friendly and knew his stuff. Afterwards, he brought us over to Sheila who looked at our jewelry. She was also very nice and professional. We will definitely come back here again. GREAT PLACE!!!!

Susanne T.

Great family run store. I’m well taken care of every time I show up at this location. Thank you Nick.